Evaluate the Efficiency of Projected Refinery Investments
ATTENDEES ARE ELIGIBLE FOR A CERTIFICATE OF COMPLETION.
In the past, refinery owner-operators only had one way to evaluate the worthiness of future investment opportunities: historical comparative analysis. This approach, however, never provided a full picture, nor did it inform as to the tradeoffs inherent in any investment decision.
If you’re interested in a better way, tune into this webcast to learn about a methodology that furnishes refinery owners and operators with a strategic framework to objectively quantify how well an investment opportunity will perform relative to six key resources.
The six resources are carbon, hydrogen, utilities, emissions, water — treated as a scarce resource — and capital. The methodology framework, known as the UOP E6, permits evaluation of efficiencies and ranking of any trade-offs that may result from certain project objectives.
The result is that, for the first time, owner-operators can assess the value of an investment, ensuring alignment with business priorities and realizing consistently better outcomes.
- Identify objectives that will lead to improved project performance
- Balance financial outcomes with social and environmental implications
- Benchmark investments against the latest technologies
- Plan with a tool that provides fundamental insight into investment profitability.
Michael McBride, Solution Development Lead – IPS Configurations & Process Consultancy, Honeywell UOP
Stan Carp, Senior Manager, Process Technology and Equipment, Honeywell UOP
Kevin Parker, Content Manager, CFE Media & Technology